RUM

In the past six months, RUM Group executed a $270 million GPU deployment agreement with Together AI on June 3, 2026. The company completed its transformative acquisition of Northern Data on June 17, 2026, establishing Quake AI and adding significant GPU infrastructure. On August 10, 2026, RUM Group reported Q2 2026 earnings with record revenue of $40.4 million (a 61% increase year-over-year) but a wider-than-expected net loss of $79.1 million, while providing Q3 revenue guidance of $87 million to $93 million. Director Paul Cappuccio resigned on August 21, 2026. On September 10, 2026, RUM Group agreed to acquire an additional 12.80% stake in Northern Data AG from Tether Investments for approximately €360 million, aiming for nearly 98% ownership. News emerged on September 14, 2026, that Anthropic agreed to a six-year computing deal with RUM Group worth $13.7 billion, which led to a significant surge in RUM's stock price. However, on September 23, 2026, RUM Group shares declined due to a surge in the 10-year Treasury yield. Overall, the stock has shown volatility, with a 33% gain in the month leading up to September 8, 2026, and a 25.6% increase year-to-date as of September 18, 2026, alongside an 18% increase in shares outstanding due to shareholder dilution in the past year.